btcusd 2hours short from resistance TP 25 000 usd

🔸Hello traders, let's review the 2hour price chart for BTC today. Short-term bears maintain
control as we recently got booted / rejected from overhead near 28 000 USD. currently trading
near 27 00 USD with very low volatility, however expecting more short-term losses.

🔸Bears will likely target re-test of 25 000 USD over next few weeks. Heavy resistance overhead
at/near 27400/27500 caps the upside and I recommend to focus on shorting after a bounce.

🔸Recommended strategy BTCUSD bears: wait for a bounce later to initiate from 26300 USD
and rejection after the bounce near 27400/27500 and re-short from resistance. Conservative
TP bears is 25 000 USD. good luck traders!

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Kommentera:

fading so far today on low vola

Kommentera:

stuck for now near 27 000 usd

Trade stängt: målet nått:

TP hit at 25 000 usd. congrats.